Quote:
Originally Posted by 68Cuda
Greg. The last 5 years have been nice... but I have to admit, since about the beginning of the year I have been feeling a bit nervous, kind of bearish so to speak. I am having trouble comprehending the market... last time I had this feeling was late 1999. I'll have to admit, this does not feel bad in quite the same way, just seems a bit high.
Is this just a natural reaction to the market hitting new highs?
What say you?
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I've kinda wondered at times if we're getting to 1999-2000 levels. Take a look at these two charts. If you look at individual tech names like Cisco, Intel, etc the spread is much wider between then and now. I think the biggest risk is some geo-political or terrorist event, aside from that things look pretty good I think, but what do I know, my crystal ball broke last week
http://www.multpl.com/
http://www.multpl.com/shiller-pe/